Arab Finance: Egyptian crypto startup Hamilton, a protocol specializing in tokenizing Real-World Assets (RWA) on Bitcoin, has secured a $1.7 million pre-seed funding round, according to a press release.

The fundraising transaction was led by DisrupTech Ventures, CMS, DeSpread, Hyperithm, Core Ventures, and other strategic investors.

Hamilton bridges traditional Bitcoin financing by granting access to tokenized real-world assets, including treasury bills (T-Bills), Sukuk, and real estate, globally.

The startup is co-founded by Mohamed Elkasstawi and Ehab Zaghloul, who are blockchain and fintech innovators with valuable experience in emerging markets.

With the RWA market expected to hit $30 trillion by 2030, Hamilton is developing a protocol to make financial products accessible and inclusive worldwide, with a strong focus on emerging markets.

Mohamed Elkasstawi, CEO of Hamilton, said: “With unparalleled security, decentralization, and resilience, Bitcoin provides the ideal infrastructure to democratize access to capital markets for everyone, everywhere.”

Additionally, Hamilton is launching three flagship offerings, such as HUSD, HUST, and Publius.

HUSD is the first Bitcoin-native stablecoin backed by U.S. Treasury bills, whereas HUST is tokenized U.S. Treasuries. Meanwhile, Publius is a platform that allows financial institutions to securely tokenize any asset on Bitcoin.